iPhone Screenshots

Description

Coconut is the current account that takes care of your accounting and tax.

It’s designed for freelancers, self-employed people and small business owners. Available to UK Sole Traders and Limited Companies.

Our mission is to free millions of people from business admin worldwide by combining banking and accounting into one simple product.

Get a business account in minutes, not weeks

• UK business current account
• Account number and sort code and Mastercard debit card
• Send and receive payments and set up Direct Debits
• Find your PIN, block and unblock your card straight from the app

Manage your expenses effortlessly

• Expenses automatically categorised for tax
• Add receipts and notes to your transactions
• Export transactions and create PDF statements

Get paid on time

• Create and send professional-looking invoices straight from the app
• Manage your invoices, marking them off as they get paid
• Instant notifications when you get paid or spend on your card

Sort your taxes

• Know how much tax your owe, with a sole trader tax estimate
• Be prepared for your tax return, with our self-assessment report for sole traders
• Get helpful guidance on what you can and can’t claim for your expenses

Awesome Customer Support

• Chat to our UK-based support team in the app
• No bots, speak to humans

Our Roadmap

We’ve got big plans. To see what we’ve got planned, check out getcoconut.com/roadmap

So what now?

To open a Coconut account, just install the app, enter your email, select your company type and then follow the instructions to submit an application. You’ll need a few minutes spare and some valid ID handy (such as a driver’s licence or passport).

Once our team approves your account, then you’re ready to do business!

What’s New

Version 1.7.1

We’ve added support for the 2019/20 tax year for sole traders.

Ratings and Reviews

4.7 out of 5
68 Ratings
68 Ratings
CoffeeMatt ,

Solid banking for self employed

Whilst there are a lot more features being rolled out all the time the app itself is very very slick and easy to use and easy to get info.

However the best thing about this app and the company as a whole is that the team are SO HELPFUL whenever you need support or can’t find something. No more calling and speaking to a call centre and having to go through a million pieces of security - just a simple and secure messenger direct to a team in the UK. Getting help whilst you wait or within the working day is brilliant for business users.

I recommend it.

Charliedogdog ,

Awesome Support with super clean interface

I have tried a few online banking apps for companies and have been disappointed with the services and app performance which has made me reluctant to make the leap from traditional banking to an online platform. Coconut whoever have been astounding. There customer service is excellent, there software works effortlessly and I’m able to invoice directly through the app.

I’m really pleased with their performance. I’ve a company of 12 employees and I can comfortable see myself transferring all my banking across to them.

TestunUK ,

Bank sync

For freelancers not based in an office with a pc constantly in use, not having the option to sync all your transactions daily with your accounting software is utterly a waste of time. The only way to keep your books on track is to find the time to sit in front of your pc, download a statement than fiddle around with the various columns than upload the file straight in your accounting software (often the various columns needs swapping or deleting) all above if you’re an experienced excel user, and finally tada! Invoicing ant tax estimation are decent options but not vital! Think twice what you need this banking app for before signing up. Hope the above is useful for new users

Developer Response ,

Hi there, thanks for taking the time to leave us your feedback.

While we aren't set up to integrate directly with third party accounting packages, we do offer customers the option to export their data if it's a preference to use one of these services.

Our aim is to learn more about what our customers use these services for by continuing to 'crowdsource' feedback and adding new features to the product. We want to enable you to consolidate your business finances, and manage your money and accounting requirements on the go. With the imminent introduction of Open Banking, it's going to become even easier and that's something we're already preparing for: https://getcoconut.com/2018/12/open-banking-money-revolution-of-the-century/.

If you wouldn't mind sending us a message via chat or by emailing support@getcoconut.com, it would be great to discuss your requirements in more detail so we can make additions to our roadmap, which you can see here: https://trello.com/b/U0JQpdnQ/coconut-product-roadmap.

- Vijay, Customer Operations @ Coconut

Information

Seller
Coconut Platform Ltd
Size
122.2 MB
Category
Finance
Compatibility

Requires iOS 10.0 or later. Compatible with iPhone, iPad and iPod touch.

Languages

English

Age Rating
Rated 4+
Copyright
© Coconut Platform Ltd
Price
Free

Supports

  • Family Sharing

    Up to six family members will be able to use this app with Family Sharing enabled.

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